Neutral rate: Difference between revisions

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imported>Doug Williamson
(Create page. Sources: linked pages, Bank of England https://www.bankofengland.co.uk/-/media/boe/files/speech/2020/covid-19-and-monetary-policy-speech-by-michael-saunders.pdf?la=en&hash=02111FB09D7C30180137C228BB61E8C5447A84F9)
 
imported>Doug Williamson
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Latest revision as of 11:23, 10 June 2020

Central banks - monetary policy - interest rates - policy rates.

Abbreviation for 'neutral interest rate'.


The economic impacts of Covid-19 to date
"With a lower neutral rate, the likelihood that the economy gets stuck in a low inflation rut is higher and hence the case to respond strongly to downside risks is correspondingly greater."
Michael Saunders, External Member of the Bank of England's Monetary Policy Committee (MPC), May 2020.


See also